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Microsoft president Brad Smith is calling on the federal government to step in and pass laws to prevent the abuse of facial recognition technologies.
American tech giant Apple (AAPL) has been known for its innovative and quality products since its inception. In the latest blow to Apple, it seems to be losing its legal battle with popular chipmaker Qualcomm (QCOM) in China.
Restoration Hardware, Penn National Gaming, American Eagle Outfitters, Costco Wholesale and Adobe highlighted as Zacks Bull and Bear of the Day
In a press release on December 6, Eastman Chemical’s (EMN) board announced that it increased its regular quarterly cash dividend. To be eligible for the dividend, investors should hold Eastman Chemical shares at the close of December 17 in the company’s record. Eastman Chemical has increased its annual dividend for the ninth consecutive time.
On December 8, China (FXI) released its trade data for November. The country’s trade data received even more scrutiny this year amid the US-China trade war. The world’s two largest economies have been involved in a bitter trade war and have imposed tariffs on billions of dollars of each other’s goods.
Altria investment in Canadian cannabis producer Cronos sparked a rally in the broad cannabis sector and the its ETF. Will the trend continue?
The Zacks Analyst Blog Highlights: Chevron, EOG Resources, Devon Energy, Occidental Petroleum and Diamondback Energy
On December 3, PPG Industries (PPG) announced that it completed the acquisition of SEM Products. PPG Industries entered into a definitive agreement to acquire SEM Products on October 18. SEM Products is a US-based manufacturer that specializes in automotive refinish products. However, PPG Industries hasn’t disclosed the deal’s financial aspects.
President Trump has taken a tough stand on trade issues and has imposed tariffs on $250 billion worth of Chinese goods. Apart from the trade spat with China, Trump has targeted other trading partners also with the Section 232 steel and aluminum tariffs.
The United States and China have agreed to suspend hitting each other with new trade tariffs for 90 days. For Apple (AAPL) and its investors, the United States and China reaching a trade war truce should be good news. Just days before the ceasefire was announced after the G20 summit meeting in Argentina, President Donald Trump had discussed in an interview with the Wall Street Journal a plan to expand tariffs on Chinese-made goods to include products such as cell phones and laptops.
Sabre (SABR) is benefiting from solid uptrend in global bookings, strong adoption of its solutions by key customers and continued launch of innovative technologies.
President Trump seems to be fixated on equity markets. On December 31, 2017, in response to a Fox Business article, Trump tweeted, “If the Dems (Crooked Hillary) got elected, your stocks would be down 50% from values on Election Day. Trump has always been quite quick to take credit for the stock market’s gains.
The United States and China (FXI) have been involved in a bitter spat this year. While US-China trade relations have received all the attention as the two sides have imposed duties on billions of dollars of each other’s goods (TSLA), the tussle has a political as well as diplomatic angle. The most recent flashpoint between the United States and China is over the arrest of Huawei CFO Meng Wanzhou in Canada.
Where Is HollyFrontier’s Refining Margin Headed in Q4? In the first nine months of 2018, HollyFrontier (HFC) generated ~$1.130 billion in cash from operations. Its acquisition outflows were primarily related to its acquisition of Red Giant Oil.
As game consoles have six-to-seven-year product lifecycles, AMD’s semi-custom revenue growth has diminished YoY (year-over-year). It has been five years since the launch of Sony’s PS4 (PlayStation 4).
The Beijing-based company, which already counts Alibaba as a backer, is talking with Chinese private equity investors and is considering a valuation between $3.5 billion to $4 billion, the people said, asking not to be named because the matter is private. The financing, which the company hopes to close in December, would give Megvii ammunition to compete with local rival SenseTime Group Ltd., the people said. Megvii provides face-scanning systems to companies including Lenovo Group Ltd. and Ant Financial, the payments company that underpins Alibaba’s e-commerce platforms.